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Patricia Cohen
Posts
Europe Is Spending Big on Defense. Will That Help Its Ailing Economy?
Leaders in Britain and the European Union are promoting the promise of economic benefits from increased military spending, but there is a trade-off.
Small Businesses Brace for the Punishing Side Effects of Trump’s Tariffs
Large firms with big bank balances, workers already in jobs and households near the top of the income ladder will have an easier time navigating…
Trade Fueled Inequality. Can Trump’s Tariffs Reduce It?
The president has pitched his trade policies at workers who feel left behind by globalization. But that doesn’t mean trade barriers will revive factories and…
The World Has Too Much Steel, but No One Wants to Stop Making It
A global plunge in prices, led by increased production from China, and U.S. tariffs threaten steel manufacturing, which has long been a symbol of national…
As Debt Piles Up, Countries See Fiscal Relief as Political Leverage
With developing nations crushed by unaffordable borrowing and Washington on the sidelines, some leaders are brokering debt forgiveness deals.
Europe Is Finally Ready to Spend More on Defense. The Hard Part Is How.
After a yearslong debate over NATO spending, European nations are poised to commit more funds to deter Russia. Now the region must decide how to…
Trump’s E.U. Tariff Threat Could Cause Economic Damage Beyond Europe
A 50 percent tax on European imports would hit the continent hard, hurt the U.S. economy and slow growth globally.
U.A.E. Is Pouring Money Into Africa, Seeking Resources and Power
As the United States and other economic powers reduce their investment, aid and presence in Africa, the United Arab Emirates is wielding its wealth.
The World Is Wooing U.S. Researchers Shunned by Trump
As President Trump guts American research institutions, world leaders see a “once-in-a-century brain gain opportunity.”
Why China Is Investing So Much Money in Moroccan Factories
Morocco is linked to Europe on the strength of its auto sector and a trade pact. But its status as a connector country has become…
